FHA (Federal Housing Administration)

Cards (9)

  • What does the FHA stand for?
    Federal Housing Administration
  • When was the FHA set up?
    1934
  • What was the aim of the FHA?
    To help homeowners struggling to pay their mortgages
  • Why did the FHA do little to help black Americans?
    They did little to help the poor inner-city areas where many black families lived
  • What did the federal government refuse to do?
    Guarantee mortgages for houses purchased by black families in white neighbourhoods
  • What did Federal housing loans do?
    They deliberately preserved the racial composition of neighbourhoods
  • When was the Wagner-Steagall National Housing Act?
    September 1937
  • What did the Wagner-Steagall National Housing Act aim to do?
    Build new low-rent housing to replace slums
  • Why was the W-SHA ineffective?
    It was under-funded by Congress and only 160,000 homes were built by 1941